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Les Schwab acquires Castle Rock Promenade site for $17.42 per sf

Douglas County

Property Location: East/southeast corner of New Abbey Lane & Highway 85, Castle Rock

Property Description: Vacant Land, proposed 13,000-sf Les Schwab Tire Center

Land Size: 57,418 sf

Sales Price: $1.M, or $17.42 per sf

Reception No.: 2016050706

Closing Date: 8/1

Grantor: Lodense Privet LLC by: Promenade Castle Rock LLC, Alberta Development LLC, Donald G. Provost, mgr.

Grantee: SFP-E LLC, Les Schwab Tire Center, Corey Parks, Bend, OR 97701

Comments: Lot 1 Block 5, Promenade at Castle Rock Filing No. 1, 2016028785

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.